Common use of Participations of Lenders Clause in Contracts

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 9 contracts

Samples: Revolving Credit Agreement (Coach Inc), Revolving Credit Agreement (Timberland Co), Revolving Credit Agreement (Yankee Candle Co Inc)

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Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the BorrowerTransTechnology's Reimbursement Obligation under Section 4.2 5.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 2 contracts

Samples: Credit Agreement (Transtechnology Corp), Credit Agreement (Transtechnology Corp)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Zale Corp), Revolving Credit Agreement (Zale Corp)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Domestic Borrowers’ Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 2 contracts

Samples: Credit Agreement (Lionbridge Technologies Inc /De/), Credit Agreement (Lionbridge Technologies Inc /De/)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 ss.4.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2ss.4.2.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Sassco Fashions LTD /De/), Revolving Credit Agreement (Peregrine Systems Inc)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 5.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Buca Inc /Mn)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Reimbursement Obligation under Section 4.2 2.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.22.2.

Appears in 1 contract

Samples: Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD)

Participations of Lenders. Each such payment made by a Lender ------------------------- shall be treated as the purchase by such Lender of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under Section 4.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Us Xpress Enterprises Inc)

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Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the US Borrower's Reimbursement Obligation under Section 4.2 (Section)5.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2(Section)5.2.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under Section 4.2 ss.5.2 in an amount equal to such sucH payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2ss.5.2.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Furrs Restaurant Group Inc)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the US Borrower's Reimbursement Obligation under Section 4.2 5.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.25.2.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Reimbursement Xxxxxxxxx' Xxxxxxxxxxxxx Obligation under Section 4.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.2.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Agreement (Borders Group Inc)

Participations of Lenders. Each such payment made by a Lender shall be treated as the purchase by such Lender of a participating interest in the Borrower's Borrowers' Reimbursement Obligation under Section 4.2 6.2 in an amount equal to such payment. Each Lender shall share in accordance with its participating interest in any interest which accrues pursuant to Section 4.26.2.

Appears in 1 contract

Samples: Credit Agreement (Vermont Pure Holdings LTD/De)

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